I would like to know more about how to manage the finance, cash flow and other management issues for a restaurant.
Can anyone tell me more about restaurant finance management?
Financial management of restaurants varies depending on the type or restaurant. A fast food restaurant will have different targeted goals than a full service restaurant.
If you are looking for targeted numbers for your variable costs such as labor cost, food cost, liquor cost, beer cost, and wine costs you can use a the industry averages of 30%, 31%, 22%, 28%, 35% respectively.
If you are looking for a more extensive look at restaurant financials I would suggest checking out the site http://www.foodandbeverageunderground.co... where you can get all the food and beverage knowledge to run a restaurant for free.
Good luck and cheers!
Saturday, October 24, 2009
What happens to car on finance when made redundant?
I have had a car on finance for nearly 2 years and i've just been made redundant!!! Whats goin to happen to my car???
What happens to car on finance when made redundant?
Nothing, as long as you find another job and keep the payments up.
If you don't, it will repossessed, and sold at auction, and you will be responsible for the difference between the sale price and what you owed plus the costs of repossession. They are very serious about being paid, and will do whatever it takes to get their money, the debt will not go away, so you will still owe and not have a car to show for it. Also your credit rating will suffer for 6 years.
Reply:Probably will be re-possessed if you cannot make payments.
floral
What happens to car on finance when made redundant?
Nothing, as long as you find another job and keep the payments up.
If you don't, it will repossessed, and sold at auction, and you will be responsible for the difference between the sale price and what you owed plus the costs of repossession. They are very serious about being paid, and will do whatever it takes to get their money, the debt will not go away, so you will still owe and not have a car to show for it. Also your credit rating will suffer for 6 years.
Reply:Probably will be re-possessed if you cannot make payments.
floral
How do i finance my business?
I wnt to start a new business,so frm where i cn finance my business?I mean sources of finance,for small as well as large scale business,plz tell me in detail.TELL me the names of banks,organisations with their addresses frm where i cn get good amt.of loan,with less interest and easily available.
THANX!For all ur answers.
How do i finance my business?
Saving your money and using cash is a great, no risk way to start a business.
THANX!For all ur answers.
How do i finance my business?
Saving your money and using cash is a great, no risk way to start a business.
How do i finance my business?
I wnt to start a new business,so frm where i cn finance my business?I mean sources of finance,for small as well as large scale business,plz tell me in detail.TELL me the names of banks,organisations with their addresses frm where i cn get good amt.of loan,with less interest and easily available.
THANX!For all ur answers.
How do i finance my business?
Hi Dorothy,
There's a few different places you can start. First, if you didn't already, get a business plan together. Whoever is going to consider financing your business, they'll ask you for one.
Next, you can get in contact with SCORE (Service Core of Retired Executives - www.score.org). It is a free service from retired execs on how to start, build and maintain your business. From their website, you can do a zip-code search for the chapter nearest to you. They offer ways for you to get funding (and they'll help you build the business plan if you need).
Also, the Small Business Administration has special loans for starting businesses. The web site is www.sba.gov -- right on the front page is a "small business planner" that can help you out as well.
You can also try local banks and credit unions as well. They are more than willing to give out business loans (again, have a business plan handy to give to them). Just be careful and shop it around though, some have higher interest rates than others. Most are "interest only loans" which mean that the payment they set you up with are interest payments only, not principal. After the term of the loan, you've only paid interest and the full principal is then due (although, they'll usually wrap it into another term (usually 1 or 2 year loan) for you).
Both websites can help immensly in your search for funding as well as help you better prepare for opening the doors.
Good luck with your business :)
Reply:1. your own pocket
2. friends, family
3. any normal bank
there is no secret place, special loans, grants, etc to start a business. for a bank loan you will need credit, collateral and a business plan of at least 3 yrs if not 5.
Reply:1st, you need money to get a loan
2nd, try sba.org
3rd, try to put a business plan together and take it to your local bank or get a group of investors together.
THANX!For all ur answers.
How do i finance my business?
Hi Dorothy,
There's a few different places you can start. First, if you didn't already, get a business plan together. Whoever is going to consider financing your business, they'll ask you for one.
Next, you can get in contact with SCORE (Service Core of Retired Executives - www.score.org). It is a free service from retired execs on how to start, build and maintain your business. From their website, you can do a zip-code search for the chapter nearest to you. They offer ways for you to get funding (and they'll help you build the business plan if you need).
Also, the Small Business Administration has special loans for starting businesses. The web site is www.sba.gov -- right on the front page is a "small business planner" that can help you out as well.
You can also try local banks and credit unions as well. They are more than willing to give out business loans (again, have a business plan handy to give to them). Just be careful and shop it around though, some have higher interest rates than others. Most are "interest only loans" which mean that the payment they set you up with are interest payments only, not principal. After the term of the loan, you've only paid interest and the full principal is then due (although, they'll usually wrap it into another term (usually 1 or 2 year loan) for you).
Both websites can help immensly in your search for funding as well as help you better prepare for opening the doors.
Good luck with your business :)
Reply:1. your own pocket
2. friends, family
3. any normal bank
there is no secret place, special loans, grants, etc to start a business. for a bank loan you will need credit, collateral and a business plan of at least 3 yrs if not 5.
Reply:1st, you need money to get a loan
2nd, try sba.org
3rd, try to put a business plan together and take it to your local bank or get a group of investors together.
How can I finance my college education?
I am a community college graduate whose father financed my entire three years (I kept switching majors) at a community college. Now, I wish to transfer to South University (a private university). Where can I find the money to finance my final years? Any suggestions would be greatly appreciated. Thank you in advance.
How can I finance my college education?
Go to www.ed.gov/studentaid to get an over view of Federal student loans and grants. Good luck!
Reply:Student loans, work study, there are number of ways to get money for college.
Reply:Student loans - usually at 6% and they'll give you up to $18,000/yr.
Reply:http://www.daylon.com/scholarship/
that might help a bit
Reply:www.fastweb.com
That is a good place to find scholarships. Also, a private school probably also has scholarships availible. Check with the financial aid office for those.
How can I finance my college education?
Go to www.ed.gov/studentaid to get an over view of Federal student loans and grants. Good luck!
Reply:Student loans, work study, there are number of ways to get money for college.
Reply:Student loans - usually at 6% and they'll give you up to $18,000/yr.
Reply:http://www.daylon.com/scholarship/
that might help a bit
Reply:www.fastweb.com
That is a good place to find scholarships. Also, a private school probably also has scholarships availible. Check with the financial aid office for those.
How do I get started with a finance job in South Africa?
I would very much like to start my career in South Africa. I'm an American with some limited work experience, mostly from internships, and I'm getting my Master of Science in Finance degree. I'm having trouble finding a job over there and I'm concerned that my work status will keep me from getting an interview. What are some steps I should be taking to meet recruiters and become and attractive candidate?
How do I get started with a finance job in South Africa?
Link yourself to professional recruitment agencies in SA and they will align will your preferred finance channels.
A lot of jobs differ in skills needed although work experience is a definite need, finance related jobs require experience!
Junior management jobs are also available for people with your qualifications but most big banks in SA offer catered-for-you posts especially those with research departments like Standard Bank of SA!
Good Luck!
purchase flowers
How do I get started with a finance job in South Africa?
Link yourself to professional recruitment agencies in SA and they will align will your preferred finance channels.
A lot of jobs differ in skills needed although work experience is a definite need, finance related jobs require experience!
Junior management jobs are also available for people with your qualifications but most big banks in SA offer catered-for-you posts especially those with research departments like Standard Bank of SA!
Good Luck!
purchase flowers
How do I make the move from finance/accounting into business development/strategy?
I have two years experience in an internal audit/corporate governance setting. Graduated two years ago in Finance.
How do I make the move from finance/accounting into business development/strategy?
if your company is large you may easily transition into a line of business role. potentially in a financial or operations analyst role for starters. learn the business of business as your next step. good luck
How do I make the move from finance/accounting into business development/strategy?
if your company is large you may easily transition into a line of business role. potentially in a financial or operations analyst role for starters. learn the business of business as your next step. good luck
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